🧠 Trading 101: What is a Bull Trap?

This is a false signal where $ETH (or any coin) appears to break a resistance level, drawing in buyers, only to instantly reverse and liquidate the new long positions.

How to avoid it: Always wait for a confirmed candle close (daily or 4H) above the key resistance before you enter the trade.

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ETH
ETH
2,932.4
-4.86%